$1,649,000
$241K PRICE DROP

Estimated payment $10,435/month

Total Views 12,257
12 Beds
7 Baths
4,788 Sq Ft
$344 Price per Sq Ft

About This Home

Opportunity Knocks Price Reduced to 1649,000,For Real Estate Investors in LA! This high-Income 6- unit apartment building is now for sale.
It features a 5- 2 bedroom 1 bath, and 1- 2 bedroom- 1.5 bath. with 5 units will be delivered vacant at close of escrow.(market rents $2900-$3100)
Tenants pay for all utilities except water. Hurry this won't last.

Listing Agent

Victor Ambriz Jr

Keller Williams SELA Brokerage Email: victor@ambrizandassociates.net License #00952349 Listed on: 04/14/2025

Keller Williams SELA

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1966

Lot Details

  • 6,368 Sq Ft Lot
  • 1 Common Wall
  • Corner Lot

Home Design

  • Property Attached
  • Entry on the 1st floor

Interior Spaces

  • 4,788 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 12 Bedrooms
  • 7 Bathrooms

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 9108
  • Assessor Parcel Number 6052021001
  • $1,808 per year additional tax assessments

Community Details

Overview

  • 6 Units

Building Details

  • 3 Leased Units
  • Rent Control
  • 6 Separate Electric Meters
  • 6 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $6
  • Fuel Expense $6
  • Trash Expense $1,500
  • Water Sewer Expense $2,500
  • Operating Expense $4,800
  • Gross Income $83,436
  • Net Operating Income $78,636

Property Details

Home Type

Multi-Family

Year Built

Built in 1966

Lot Details

0

Listing Details

  • Price Per Unit: 274833
  • Property Attached: Yes
  • Water Sewer Expenses: 2500.00
  • Zoning: LAR4
  • Property Sub Type: Commercial/Residential
  • Property Type: Residential Income
  • Parcel Number: 6052021001
  • Year Built: 1966
  • Special Features: None

Interior Features

  • Stories: 2
  • Entry Location: 1
  • Common Walls: 1 Common Wall
  • Entry Level: 1
  • Price Per Square Foot: 344.40

Exterior Features

  • Pool Private: No

Utilities

  • Laundry: No
  • Sewer: Public Sewer
  • Trash Expense: 1500.00
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Curbs

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Corner Lot, Lot 6500-9999
  • Lot Size Sq Ft: 6368.00
  • Lot Size Acres: 0.1462

Multi Family

  • Electric Expense: 6.00
  • Fuel Expense: 6.00
  • Gross Income: 83436.00
  • Gross Scheduled Income: 83436.00
  • Lot Size Area: 6368.0000 Square Feet
  • Net Operating Income: 78636.00
  • Number Of Separate Electric Meters: 6
  • Number Of Separate Gas Meters: 6
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 3
  • Number Of Units Total: 6
  • Operating Expense: 4800.00
  • Rent Control: Yes
  • Total Actual Rent: 6953.00
  • Total Expenses: 4800.00

Tax Info

  • Tax Census Tract: 2406.00
  • Tax Lot: 1
  • Tax Tract Number: 9108
  • TaxOtherAnnualAssessmentAmount: 1808.00

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/29/2025 08/29/25 For Sale $1,649,000 0.0% $344 / Sq Ft
08/22/2025 08/22/25 Pending -- -- --
08/15/2025 08/15/25 Price Changed $1,649,000 -2.4% $344 / Sq Ft
08/01/2025 08/01/25 Price Changed $1,690,000 -3.4% $353 / Sq Ft
07/30/2025 07/30/25 Price Changed $1,749,000 -0.1% $365 / Sq Ft
06/11/2025 06/11/25 Price Changed $1,749,999 -4.1% $365 / Sq Ft
05/12/2025 05/12/25 Price Changed $1,825,000 -3.4% $381 / Sq Ft
04/14/2025 04/14/25 For Sale $1,890,000 -- $395 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: DW25081840

California Regional Multiple Listing Service (CRMLS)